New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Showrooms
66 Clinic Dr, New Britain, CT 06051-4012
Individually Owned
5-yr Hold
Free & Clear
Property ID
US15-0838136
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1967
Construction
STEEL FRAME
Total area
28,660 SF
Lot
2.98 ac (129,809 SF)
Zoning code
A3
APN
NBRI M:D9D B:8
UPID
US15-0838136
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Robbins Jeffrey S MD Physician
-
Cassena Care at New Britain Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.31M
Owner & transaction history
Community Menral Health · 5 yrs held
Community Menral Health
since 2021
6 recorded transactions
Zoning & alternative use
A3 · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+99.5%
Office building
$3.2M
+91.0%
Auto repair, garage
$2.9M
+73.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,655,000
Current use
RETAIL STORES
$3,300,000
Change: +99% · Conversion: Easy
OFFICE BUILDING
$3,160,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,875,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,755,000
Change: +67% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,985,000
Change: +20% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,600,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$153,252
Tax year 2023
Assessed value
$4,003,440
Assessed 2023
Previous assessed
$4,003,440
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$527,380
Assessed improvement
$3,476,060
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
90
Rooms
2
Total area
28,660 SF
Lot
2.98 ac (129,809 SF)
Zoning code
A3
APN
NBRI M:D9D B:8
UPID
US15-0838136
Jurisdiction
NEW BRITAIN
Zoning & alternative use
A3 · New Britain, CT
Zoning A3 · permitted uses
A3 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
RETAIL STORES
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
90
Rooms
2
Lot
2.98 ac
Current owner
From public records · entity-resolved
Community Menral Health
Individual
Free & Clear · 5 yrs held
Mailing address
233 MAIN ST FL, NEW BRITAIN, CT 06051-4204
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Community Menral Health
New Britain Acq 2 LLC
Warranty Deed
—
Nov 19, 2015
—
New Britain Acquisitio
New Britain Senior Lea
Warranty Deed
$5,360,000 · Signature Bank
May 2, 2013
$760,750
New Britain SR Leas LLC
Ventas Realty Ltd
Warranty Deed
$160,000 · Zions First National Bank
Dec 8, 1998
$1,900,727
Ventas Rlty Ltd
Ventas INC
Warranty Deed
related
—
Jan 6, 1993
$1,548,000
First Healthcare Corp
Nme Prop Holding Co
Warranty Deed
related
—
Mar 26, 1990
$456,000
Hh Holding Corp INC
First Healthcare Co
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 66 Clinic Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
